The company had reported a net profit of Rs 234.53 crore in the same period last year, GCPL said in a BSE filing.     

GCPL's total income from operations on consolidated basis was also up 8.97 percent at Rs 2,244.94 crore during the quarter under review as against Rs 2,060.12 crore of July-September of the last fiscal.
Godrej Group Chairman Adi Godrej said, "In Q2 of FY16, we continued our double-digit growth in sales and profits. Our India business branded net sales grew by 10 percent, driven by a healthy volume growth of 9 percent. This competitive performance was delivered despite the softness in rural demand and a deficient monsoon."
GCPL's international business churned out a strong sales growth of 15 percent and EBITDA growth of 35 percent. "This was aided by lower commodity costs, stringent cost management and effective leveraging of our brand platforms," he said.
GCPL's consolidated net profit for the first half of 2015-16 was up 28.68 percent to Rs 486.39 as against Rs 377.98 crore a year ago.
Net sales during the first half of the current fiscal were Rs 4,342.60 crore, up 9.97 percent, from Rs 3,948.63 crore a year ago.
"We have sustained our strong and competitive performance in the first half of fiscal year 2016 with sales growth of 12 percent and EBITDA growth of 26 percent, in organic constant currency terms. We have grown ahead of the market and gained share in our core categories, aided by our continued focus on innovations, competitive marketing investments and strong on-ground execution," said Godrej.


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